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Replies: 14 / Views: 3,268 |
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Valued Member
United States
477 Posts |
I don't understand how you guys collect BU coins from coin roll hunting. I have bought a box of pennies that were all 2011 pennies and brand new uncirculated. How do you guys collect uncirculated coins from coin roll hunting from a box of pennies that are of mix date? These pennies are obviously circulated but yet people claim that they are uncirculated. I don't understand how this is possible and was woundering if someone could help me understand thanks.
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Pillar of the Community
United States
819 Posts |
I agree, if it comes from a mixed roll of coins it by fact is circulated, even though the condition may be such as it cannot be discerned from a true uncirculated coin. Full rolls of unc. like date and mint are not circulated as of yet, until the roll is broken.
All coins other than proofs will have some coin to coin "bag marks" due to the nature of the process of getting them into rolls. Some folks will declare a coin as uncirculated (even though taken from a mixed roll of circulated coins) if the "bag damage" doesn't exceed that of truly uncirculated coins. At least that is the way I see it.
eg. I run into a number of 1995 halves that could pass for uncirculated due to minimal "bag damage" and could be collected and put into a roll and declared to be UNC even though they aren't (technically). NO comment as to whether this practice is right or wrong, leave that to the individual.
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Valued Member
United States
192 Posts |
i recently bought 16$ in Nickels, 12 of those seem to be all 2012. I've only opened 3. Are those uncirculated? 2 of the remaining 9 have Heads on both ends. Are they circulated? I dont want to open them because thats boreing...they are in clear wraps, All are Denver, For some reason this area only gets Denver. Do they put heads on both ends of brand new rolls or is this just coincident a bunch of rolls only contain the same year and mint?
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Pillar of the Community
United States
1205 Posts |
I'm no pro, but, I think technically, a coin should be UNTOUCHED by human hands, to have an uncirculated designation...so, Original Bank Rolls, as made for the GOV. by N.F. String, I believe would qualify, IF opened, and, cotton gloves used to put in holders...yes, MOST have contact marks(see the CoinWorld pic of a fresh tote of 200,000 coins, just made, ready to ship to STRING for rolling..UGHH!)...of course, the better sellers HAND PICK the best mark-free coins for resale, and, that's what I hunt for and keep...right now, I am keeping all FULL STEP 2011-D(I don't get New P-Mint coins in CA.), and only keeping the best of the best, as far as contact marks...I have maybe 2 or 3 coins, out of over 2,000 searched, that would qualify as super-high grade, probable MS68..they are RARE..the bulk would grade MS62-MS65, with a handful of 66's.
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Pillar of the Community
United States
1770 Posts |
ive gotten near perfect uncirculated halves and proofs in boxes its very possible!!
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Pillar of the Community
United States
4333 Posts |
I agree with the other poster, if they come rolled by any place but the mint, they are circulated.
When I listen to LED ZEPPELIN...so do my neighbors... Roll hunting since '77 Dirt fishing since '72
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Moderator
 United States
188770 Posts |
The BU and other uncirculated descriptions are too ambiguous.
Is it literal (it has not circulated) or figurative (it is a description of grade)?
Once you wrap your head around that, you will understand how you can find an uncirculated coin in circulation or mixed roll.
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Pillar of the Community
United States
622 Posts |
Like it or not, in the Coin World, Brilliant Un-circulated isn't the opposite of circulated. As some have mentioned, there are circulated coins that qualify as brilliant uncirculated. In the Coin World, uncirculated is usually a reference to the condition of the coin, not the state of the coins circulation. I've seen coin that has never been in circulation...and if you tried to sell them as such, someone would be very upset. I'm not saying I like it...I believe the terminology should be changed. But if you purchase BU coin that isn't in its original container, you've likely purchased a circulated coin. OO
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Pillar of the Community
United States
4132 Posts |
What matters is the condition of the coin, not its life experiences. That's why the term "mint state" is better, although imperfect. If a coin has technically been lightly circulated, but isn't distinguishable from an "uncirculated" coin because it has been handled lightly enough to receive no perceptible damage or wear, then it's still mint state. Some other coin, that may still be sitting in an original, untouched roll may actually look worse because it's been unlucky enough to be dinged and banged from handling at the mint, during packaging and during shipping.
There are no coins which magically fly off the dies and land in some sort of secure storage with no handling of any kind.
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Pillar of the Community
United States
950 Posts |
I bought a set of 20 dollar coins from Littleton that were supposed to be "uncirculated" but the ones I got from the bank in mixed rolls had less damage in some cases. I think the definition of uncirculated depends on who you ask.
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Pillar of the Community
United States
819 Posts |
I stay away from Littleton, just my preference; seems like I get better coins for less money at other places.
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Valued Member
United States
366 Posts |
I've found a lot of coins that appear to be AU or BU from CRH. The best of late was a 1963 Franklin, that I can clearly read the bell writing on the reverse. Some other finds this year include early Jefferson nickels 1938-41 that all have full steps. Whenever I find these I always think that some kid must have raided their parent or grandparents collection. It's hard to believe 50+ year old coins could circulate and not show the signs of being in circulation.
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Pillar of the Community
United States
3345 Posts |
Found a BU 1939 and a 1940 Nickels the other day, both had full steps
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Pillar of the Community
United States
950 Posts |
Quote: I stay away from Littleton, just my preference; seems like I get better coins for less money at other places.
I got 20 $1 president coins and 2 2010 cents for $20... best deal I've found yet!
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Valued Member
United States
125 Posts |
Nice finds rachums, full step nickels from the 30's and 40's in circulation is wonderful. Also for finding a 1910 V nickel. If only that one was BU, right?
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Replies: 14 / Views: 3,268 |
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